From hodlers to paper hands: Miners are dumping more btc than your ex's excuses 📉💸.
Good afternoon crypto lovers! 🚀 I bring you the latest gossip from the Bitcoin world that's hotter than a "Disaster Girl" meme 🔥.
Do you remember when we all said "To the moon" and dreamed of $BTC at $100k? Well, it seems that miners are in "Take the money and run" mode like the song by Steve Miller Band 💸.
Here's the thing: Miners are dumping their BTCs like they were Blockbuster stocks in the 2000s. Why? Because the price is doing the crab dance just below $100k (so close yet so far, like my ex!) 📉.
Check this out:
Miner reserves have dropped to 1.81M BTC (new low of the year, bros!)
The netflow is redder than when you lost in SafeMoon (-1,172 BTC)
Miners are in "panic sell" mode like a newbie on their first dip
But wait... as the Wolf of Wall Street would say: "I'm not going anywhere" 😎
The Parabolic SAR (that indicator that looks like an Atari game) is saying "HODL my dudes" because we are still in bullish territory. It's like that meme "Keep Calm and HODL On" but with technical fundamentals 📊.
What's the plot twist? 🤔 If buyers are hungrier than an influencer looking for engagement, we could see that beautiful $100k that was promised to us in 2021. But if things get uglier than a Paint NFT, we could visit $88k.
DISCLAIMER YOLO: "No financial advice, but don't be paper hands either" 🙌💎
#BitcoinNuncaMuere #HODLGang #EstoEsCrypt #BecomeCreator